Time is running out for claims in relation to products sold at the height of the financial services boom. Ben Rigby speaks to leading barristers about a busy time at the banking Bar
It is a busy time to be a banking barrister. A survey by Sweet & Maxwell in October 2011 found the big four UK banks being involved in 43% of all FTSE 100 High Court cases up to July 2011, leading Tom Hibbert, head of financial disputes at Reynolds Porter Chamberlain to say claimants were “approaching the end of the window in which claims can be made relating to complex financial products sold at the peak of the financial services boom”.
